Prashant Tripathy, MD & CEO, Max Life Insurance, talks about impact of second wave on insurance industry and how Max Life has grown over the years, the overall product mix it is offering and growth momentum based on protection demand in the years to come. Edited excerpts
Let us talk about the performance this past quarter, as it was overall a pretty good quarter, if you could share with us key highlights and what really has led to the strong APE growth and and the VNB?
Yes, that is correct. I am very delighted with how the last quarter went. We grew about 36% on APE basis for the quarter, our VNB was pretty robust-- 44%-- and as a result of these two vectors for the entire year-- our VNB has grown 39% and our APE has grown 19% --these are industry top numbers and what led to this kind of performance is a three-four fold reasons.
Can the defence sector continue firing after 100% gains?
Read More
